Austin Area Real Estate Statistics October 2019

Posted by The JBGoodwin Team on Monday, November 25th, 2019 at 10:46am.

Welcome to the JB Goodwin real estate market report for October 2019, pulling information from the Austin MLS® and our team of experienced local agents!

The growth of Austin's median real estate values continues its upward trajectory. 10 months into the year, the median price of a home in Austin is $313.000, a 3% increase over last year. With values increasing, inventory has not been able to keep pace - it's down 12% compared to this time last year. Inventory levels remain at a low 2.4 months supply.

As a result of these market trends, demand continues to be high, up 5% compared to last year!

It's a great time to sell.

Want to learn more about buying or selling a home in Austin? Talk to one of our expert agents at JB Goodwin who are always happy to help!

Share this Article with a Friend

Leave a Comment

Format example: you@domain.com
Format example: yourwebsitename.com

Subscribe for Listing Updates Now